Shopping Plaza with National Retail Tenants, Saugus, Massachusetts

The project consists of a 200,000 square foot shopping plaza with national retail tenants, including Kohl’s, Petco, Dr. Dental, Carter’s, Title Boxing, Work-N-Gear, and a new national grocery store chain.

Murphy PC represented the owner in a $30M refinance transaction with a regional lender to provide financing for the buildout of the new national grocery store chain.   Murphy PC negotiated loan documents, advised on construction related issues, coordinated title, zoning and tenant due diligence matters, including tenant estoppels and SNDAs.

Murphy PC is a law firm in Boston, Massachusetts representing, developers, investors, owners, asset managers, and sponsors in all aspects of real estate, including project development, acquisitions and dispositions, joint ventures, capital markets, commercial leasing, design and construction contracts, and title and escrow services.  Our real estate capabilities include a variety of sectors and asset classes in small to middle-market segments, including, mixed-use, multi-family, office, retail, and restaurant.

News & Insights

Murphy PC Represents Purchaser of Newton Centre Distinctive Commercial Building Purchase

September 19, 2025-Murphy PC represented the purchaser in acquiring a distinctive five-story commercial building consisting of 34,000 square feet of office and retail space in a converted neo-Romanesque church building in Newton Centre area of Newton, Massachusetts. Our attorneys conducted comprehensive due diligence, including title...

Murphy PC Advises on Joint Venture Preferred Equity Investment in a 55-Unit New Construction Apartment Building Project

September 18, 2025-Murphy PC represented a Boston-based preferred equity investor who partnered with a sponsor in an acquisition of property in Cambridge, Massachusetts to permit, construct and lease a 55-unit apartment building. We negotiated and advised on the joint venture operating agreement for the project...

Fed Cuts Rates by Quarter Point as Commercial Real Estate Sees Path to Recovery

September 18, 2025 | Author:  David J. Murphy The Federal Reserve lowered interest rates by 0.25 percentage points on Wednesday. The federal funds rate now sits at 4% to 4.25%. This marks the Fed’s first rate adjustment since December. Stephen Miran, the Fed’s newest governor,...